Home / In The News (page 6)

In The News

Shipping

Shipping News

Southern Chinese ports prioritize thermal coal imports; coking coal buying slows Coking coal end-users in southern China are taking a step back from making seaborne purchases, given that port authorities are now prioritizing thermal coal imports over coking coal to …

Read More »

Technology

Technology News

PAKISTAN: Moody’s Withdraws Negative Outlook Rating for Jazz: Moody’s Investors Service (Moody’s) on Thursday withdrew Pakistan Mobile Communications Limited’s (Jazz) B1 corporate family rating and negative outlook. According to Moody’s, it has decided to withdraw the rating for its own …

Read More »

Commodity

Commodity News

Global benchmark Brent crude dips Global benchmark Brent crude dipped on Thursday as concerns about mounting supply returned after a brief rally earlier in the session on comments that Saudi Arabia’s exports would fall in August. Crude prices fell from …

Read More »

Gulf

Gulf News

Some investors want new Abraaj review Some investors in funds managed by Dubai-based Abraaj want to block the sale of assets to Colony Capital pending a review of Abraaj’s handling of funds, according to a report seen by Reuters, potentially …

Read More »

India

India News This Week

India’s June trade deficit highest in 5 years, and this is the biggest reason India’s trade deficit widened to its highest in more than five years in June, the trade ministry said on Friday, driven largely by a surge in …

Read More »

Pakistan

Pakistan News

ICCI shows concerns over high trade deficit The Islamabad Chamber of Commerce and Industry (ICCI) has shown concerns over a record high trade deficit that has touched $37.7 billion during the fiscal year 2017-18, stating that it would put more …

Read More »

Shipping

Shipping News

Dry bulk shipping stocks poised to jump Given all the focus on trade between the US and China, it is interesting that the financial media seem to have missed the most salient indicator. No, it’s not a tweet or a …

Read More »

Technology

Technology News

PAKISTAN: Jazz and Careem Collaborate to Provide Exciting Offers to Users: Jazz has collaborated with Careem to offer various promotions to its subscribers throughout the year. Subscribers can use the promo code ‘JAZZSUPER4G’ when booking a ride through the Careem …

Read More »

Commodity

Commodity News

Oil prices manage to close higher Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on …

Read More »

Gulf

Gulf News

Dubai’s troubled Abraaj nears out-of-court settlement: Lawyer A Sharjah court has adjourned until July 11 a case involving the founder of private equity firm Abraaj, Arif Naqvi, and another executive for issuing a dud cheque, a lawyer involved in the …

Read More »